Thursday, June 17, 2021

MAK-O2-0003

Property Type: Commercial Building
Total Lot Area: 5,006 sqm
Floor Area: 5,276 sqm 
Open Area: 2,713 sqm
Additional Information
- This property is a 3-story commercial building with a huge warehouse.
- The property has parking spaces.
- It is along the main road and can be easily accessed by private vehicles and public transportation.
- This property has 2 gates, one along the main road and at one the back.
- The property can be used as a  showroom, office building, garments factory, warehouse, commercial strip, storages, etc.
- The owner prefers the for the property to be sold. In case lease, they can offer only 2 years (may be renewed). However, if a tenant insists for a longer lease contract, say 10 to 20 year, the owners' stand is that they have to put a clause in the lease contract that if the property is bought and the new owner will not absorb the lease contract, the current tenant will have to vacate the premise within 60 days.
Turn-over is on an as-is-where-is basis


IF SALE
Selling price: P300,000/sqm
Expense Sharing between the Buyer and Seller
Seller: CWT/CGT, broker's commission, and other incidental fees
Buyer: Documentary Stamp Tax, IT Fee, Transfer Tax, Registration Fee, VAT, and other incidental fees

IF LEASE
Monthly Rent: P2,600,000.00 (VAT excluded) 
Payment Terms: 6 months deposit + 12 months Advance (applied on the 1st year)
Lease Term: 2 years (may be renewed)



 

 

 

 

 

 










 


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- The contents of this website do not form any part of an offer or contract, nor shall any contract be made based on the contents.
- We'll update this list from time to time.
- Almost all properties are our direct listings.
- Prices and availability are subject to change.
- We'll send the complete information upon inquiring.
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